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If you put up $20,000 today in exchange for a 7.75 percent, 14-year annuity, what will the annual cash flow be? Multiple Choice $2.532.64 $2.252.73

If you put up $20,000 today in exchange for a 7.75 percent, 14-year annuity, what will the annual cash flow be? Multiple Choice $2.532.64 $2.252.73 $1,428.57 $2,390.83 $4,390 31

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